Job summary
Employer heading
Finance Transaction Officer
NHS AfC: Band 6
Job overview
This role is an excellent opportunity to support teams and departments across the whole Trust, gain a great understanding of the Trust as a whole and make a real impact. You will be joining a collaborative, hardworking and inclusive Finance Department who encourage development and high standards.
The role is to support the Financial Accountant in leading the Trust's Treasury function and manage and schedule the work of accounts payable and accounts receivable functions.
To support the senior finance management team in delivery of the finance services development (FSD)/ Future Focussed Finance (FFF) for the department with the aim of achieving and maintaining level 3 accreditation.
Main duties of the job
A) Team Management
1. Responsible for the management of 4.0 wte staff within the section, employed across the receivables and payables service function.
2. To schedule the work of staff members so that all tasks are performed on time and planning for notified absences on the section and to make sure that objectives and expected outcomes are clearly explained.
3. Confirm the deadlines for completion of key tasks within the Financial Accounts section and ensure that they are agreed with other managers
4. To act as the departmental lead for FSD/ FFF accreditation (with the aim of achieving and maintaining level 3) including the creation of a project team to assist with the collation and maintenance of an evidence log.
5. Lead with the management of freedom of information and other media requests for the department with a financial input .
B) Accounts Payable
6. To oversee the accounts payable function and ensure that the Trust is in a position to pay its suppliers accurately and on time in accordance with the BPPC.
C) Accounts Receivable
7. To oversee the process to ensure that all accounts receivable invoices are raised as appropriate and according to timetable and to take the lead on reporting the Trust’s aged accounts receivables position and active management of outstanding queries
8. Manage the level of planned provisions for bad debt and credit notes and ensure they are actioned at regular intervals in line with Trust policy.
Working for our organisation
The Walton Centre NHS Foundation Trust is the only NHS trust to hold dual accreditation for the Investors in People. We invest in people and we invest in wellbeing standards and have been awarded Gold status for both. The Walton Centre is a leader in the treatment and care of neurology and neurosurgery, placing the patient and their family at the heart of everything we do. As the only specialist hospital trust in the UK dedicated to providing comprehensive neurology, neurosurgery, spinal and pain management services we are proud to be rated as an Outstanding Trust by the Care Quality Commission (CQC), and champion change throughout the field of neuroscience. Originally formed in 1992, the Trust received Foundation Trust status in 2009.
With around 1,450 staff, The Walton Centre treats more than 127,000 outpatients and 18,000 inpatients each year. We have leading specialists and incredibly dedicated staff delivering excellent clinical outcomes for brain, spinal and neurological care nationally and internationally. Teams across our site in Fazakerley, Liverpool, offer a world-class service in diagnosing and treating injuries and illnesses affecting the brain, spine and peripheral nerves and muscles, and in supporting people suffering from a wide range of long-term neurological conditions.
Detailed job description and main responsibilities
Please see the job description and person specification document for detailed information about the job description for this vacancy. |
Person specification
Qualifications
Essential criteria
- CCAB or CIMA qualification – part qualified or significant relevant experience in a financial services role in a provider NHS organization, including capital management.
- Evidence of continuing professional development
- Understanding of financial coding structures
Desirable criteria
- Educated to Degree Level
- Experience of supporting completion of final accounts for an NHS provider organization
- Experience in providing financial support for charitable accounts.
Knowledge & Experience
Essential criteria
- Experience of working within busy Finance Department.
- Accounts Payable and Accounts Receivable management experience.
- A proven track record in implementing and improving financial services functions.
- Experience in leading and developing staff.
- Experience of working with others to ensure direction and policies are attainable within available resources.
- Experience of involvement with FSD/ being a FSD lead
- Experience in encouraging and achieving development of both staff and self.
- Providing support to the wider finance team and taking an active role in progressing the strategic vision for the department, progressing objectives such as Future Focused Finance accreditation.
Desirable criteria
- Previous Supervisory Experience
- Previous NHS / Public Body Experience
- Up to date knowledge of accounting procedures and financial aspects of NHS legislation and policies
Skills & Attributes
Essential criteria
- Good Team worker who can contribute effectively to sections and department objectives.
- Good IT Skills (Excel/Word/Outlook).
- Ability to act as a line manager for a discrete work area within finance
- Ability to negotiate with NHS/external organisations
- Able to plan and schedule own and others workload and that of others to produce monthly financial statements and reports and ensure the Trust’s strict financial timetables are adhered to.
- Good Communication skills with ability to present highly complex, sensitive or contentious information.
- Responsive in resolving problems/issues as they arise.
Desirable criteria
- Understanding of procedures, protocols and legislation in respect of debt collection.
- Understanding of VAT legislation.
- Previous NHS/Public body experience.
- Experience of staff management and training
- Understanding of Human Resource Issues.
Documents to download
Further details / informal visits contact
- Name
- Chris Gough
- Job title
- Financial Accountant
- Email address
- [email protected]
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